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(Reuters)   Remember to take your corn ration card when you go to the supermarket. Corn triflakea in play   (reuters.com) divider line 27
    More: Obvious, pet owners, Chicago Board of Trade, chicken eggs, global sourcing, silhouettes, United States Department of Agriculture, arid  
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1698 clicks; posted to Business » on 15 Aug 2012 at 12:12 PM (3 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



27 Comments   (+0 »)
   
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2012-08-15 09:06:21 AM  
Whatchu' been eatin', Smokey? Corn?
 
2012-08-15 09:18:33 AM  
$10 a box for Cap'n Crunch? (main ingredient: Corn flour)

$25 a pound for hamburger? (What do cows eat other than corn?)

And just maybe, Coca Cola will be made again with cane sugar. I found Passover Coke this year for the first time. You really can taste the difference.

And the return of Bob and Ray (the new market for dry humor)
 
2012-08-15 09:29:27 AM  

notmtwain: $25 a pound for hamburger? (What do cows eat other than corn?)


Mostly other kinds of grasses, as it's their job to convert pasture land (ie, not suitable for corn) into edible beef. They're often fed grains when preparing them for market.
 
2012-08-15 09:49:47 AM  
They could temporarily stop blending ethanol into gasoline for the time being. Sure, the corn that goes into ethanol production isn't the same corn on the dinner table but IIFC it can be used for livestock feed, helping part of the equation. Of course, the ethanol lobby won't let that happen.
 
2012-08-15 09:58:04 AM  
Jimmy Could No Longer Afford to Crack Corn
 
2012-08-15 11:11:21 AM  
Livestock eat something like 40% of corn.

Ethanol (in 2011) used about 40% of corn - but about 30% of it remains after processing, and can be used for livestock feed.

The cost of grain in a box of cereal is around 2%.
 
2012-08-15 12:20:31 PM  
Real cost or not, this will be used to gouge us at the store, as always. And when corn prices come down, when, if ever, will we see it?
 
2012-08-15 12:26:59 PM  

CommieTaoist: They could temporarily stop blending ethanol into gasoline for the time being. Sure, the corn that goes into ethanol production isn't the same corn on the dinner table but IIFC it can be used for livestock feed, helping part of the equation. Of course, the ethanol lobby won't let that happen.


One of the best examples of government incompetence in decades, and that's saying something.
 
2012-08-15 12:33:54 PM  

notmtwain: And just maybe, Coca Cola will be made again with cane sugar. I found Passover Coke this year for the first time. You really can taste the difference.


Mexican coke is in the ethnic section of many grocery stores. And of course the Pepsico Throwbacks.
 
2012-08-15 12:45:51 PM  

WelldeadLink: notmtwain: $25 a pound for hamburger? (What do cows eat other than corn?)

Mostly other kinds of grasses, as it's their job to convert pasture land (ie, not suitable for corn) into edible beef. They're often fed grains when preparing them for market.


Alfalfa is a common feed stock around here. Silage is common too. To make silage they chop the corn, stocks and all, then make big piles of it. It basically ferments. If the moisture content of the corn is high enough, they could still make Silage out of it.
 
2012-08-15 01:01:37 PM  

weiserfireman: Alfalfa is a common feed stock around here. Silage is common too. To make silage they chop the corn, stocks and all, then make big piles of it. It basically ferments. If the moisture content of the corn is high enough, they could still make Silage out of it.


One of the most productive alfalfa and timothy growing valleys is the US currently looks like this:
www.trbimg.com

One of the bigger problems is that their irrigation district is completely fubar, with most of their bridges and control systems burned/melted to nothing. I have a feeling that come 4-8 weeks, feed stock prices are going to see a really big jump.
 
2012-08-15 01:11:03 PM  

MrSteve007: weiserfireman: Alfalfa is a common feed stock around here. Silage is common too. To make silage they chop the corn, stocks and all, then make big piles of it. It basically ferments. If the moisture content of the corn is high enough, they could still make Silage out of it.

One of the most productive alfalfa and timothy growing valleys is the US currently looks like this:
[www.trbimg.com image 435x338]

One of the bigger problems is that their irrigation district is completely fubar, with most of their bridges and control systems burned/melted to nothing. I have a feeling that come 4-8 weeks, feed stock prices are going to see a really big jump.


Is that from the Holloway Fire?
 
2012-08-15 01:17:21 PM  

notmtwain: $25 a pound for hamburger? (What do cows eat other than corn?)


Grass, hay, newspapers, almond husks, peanut shells, corn cobs and stalks, barley, brewing waste, ...

and some things you'd rather not know.
 
2012-08-15 01:26:40 PM  
I don't know what all this fuss is about. Here in NC, we've had the best year for corn in decades and you can pick up fresh picked sweet corn for 25 cents an ear at the roadside veggie stand down the road.

I think maybe this drought thing might have been somewhat exaggerated possibly.
 
2012-08-15 02:15:44 PM  
Coke and Pepsi switching back to cane sugar in 3---2---1---
 
2012-08-15 02:24:58 PM  

browser_snake: I don't know what all this fuss is about. Here in NC, we've had the best year for corn in decades and you can pick up fresh picked sweet corn for 25 cents an ear at the roadside veggie stand down the road.

I think maybe this drought thing might have been somewhat exaggerated possibly.


Somewhat. Losses due to this drought are estimated at $12 billion... the same as last year (yeah, are we hearing a lot about last year?). The 1988 drought was $78 billion.
 
2012-08-15 02:39:07 PM  

WelldeadLink: browser_snake: I don't know what all this fuss is about. Here in NC, we've had the best year for corn in decades and you can pick up fresh picked sweet corn for 25 cents an ear at the roadside veggie stand down the road.

I think maybe this drought thing might have been somewhat exaggerated possibly.

Somewhat. Losses due to this drought are estimated at $12 billion... the same as last year (yeah, are we hearing a lot about last year?). The 1988 drought was $78 billion.


Estimates from a month ago. Also, they suck at geography.
 
2012-08-15 03:01:58 PM  

CommieTaoist: They could temporarily

permanently stop blending ethanol into gasoline...

FTFY
 
2012-08-15 04:26:05 PM  
Oooh! Ooooh! I gotta a CSB about this ...

A few years ago I was visiting my sister who lives in St Paul. Two of the large grocery stores near her had, for part of their weekly special, a great deal on corn on the cob:

Ten ears free, just for dropping in, but you could probably take as much as you wanted from the bins.

I think of that whenever I buy corn.
 
2012-08-15 04:34:51 PM  
This is exactly why it is completely idiotic to make ethanol from FOOD.

/not to mention how inefficient it is.
 
2012-08-15 04:35:36 PM  
for burning as fuel that is...
 
2012-08-15 11:20:24 PM  
Is corn grass?
 
2012-08-15 11:40:07 PM  

12349876: Mexican coke is in the ethnic section of many grocery stores. And of course the Pepsico Throwbacks.


Pepsi Throwback is awesome. Every now and again a sip of it reminds me of a warm summer day during my childhood.
 
2012-08-16 12:00:13 AM  

Hagbardr: Is corn grass?


Yes, but smoking them buds is a bummer.
 
2012-08-16 09:01:10 AM  
Fools!!! There is about 12 cents worth of corn in a $4.00 box of corn flakes. You know when it gets up to 18 cents worth of corn, they will be charging $8.00 a box, because of an "increase in the cost of corn".
 
2012-08-16 09:02:22 AM  

YixilTesiphon: CommieTaoist: They could temporarily stop blending ethanol into gasoline for the time being. Sure, the corn that goes into ethanol production isn't the same corn on the dinner table but IIFC it can be used for livestock feed, helping part of the equation. Of course, the ethanol lobby won't let that happen.

One of the best examples of government incompetence in decades, and that's saying something.


Trying to single out a single point of government incompetence during the time of that decision is like trying to find a needle in a stack of needles.
 
2012-08-16 04:19:12 PM  

YixilTesiphon: CommieTaoist: They could temporarily stop blending ethanol into gasoline for the time being. Sure, the corn that goes into ethanol production isn't the same corn on the dinner table but IIFC it can be used for livestock feed, helping part of the equation. Of course, the ethanol lobby won't let that happen.

One of the best examples of government incompetence in decades, and that's saying something.


Government interference is also the reason sugar isn't used in more sodas. The price of sugar in the us is kept artificially high to protect US sugar growers.

IMO, and it's mostly a guess, the reason why the government isn't going to allow even a temporary suspension of ethanol use in gasoline is because after seeing the increase in gas mileage, the public will scream bloody murder when they try to switch us back. And it isn't like this administration has a good record in caring for the welfare of people in Mexico anyway...whether they get shot or starve, who cares if there's politicking to be done.
 
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